Royal Bank of Canada Decreases Stock Holdings in Powell Industries, Inc. $POWL

Royal Bank of Canada cut its holdings in shares of Powell Industries, Inc. (NASDAQ:POWL) by 22.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,718 shares of the industrial products company’s stock after selling 7,537 shares during the period. Royal Bank of Canada owned 0.07% of Powell Industries worth $13,916,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Encompass Capital Advisors LLC bought a new position in shares of Powell Industries in the 1st quarter worth about $21,643,000. The Manufacturers Life Insurance Company lifted its position in Powell Industries by 5.6% in the 1st quarter. The Manufacturers Life Insurance Company now owns 4,412 shares of the industrial products company’s stock valued at $2,387,000 after acquiring an additional 232 shares in the last quarter. OMERS ADMINISTRATION Corp boosted its position in shares of Powell Industries by 4.3% during the first quarter. OMERS ADMINISTRATION Corp now owns 5,835 shares of the industrial products company’s stock valued at $3,157,000 after buying an additional 240 shares during the last quarter. Waverly Advisors LLC purchased a new stake in shares of Powell Industries during the 1st quarter valued at about $207,000. Finally, Entropy Technologies LP raised its stake in Powell Industries by 17.9% during the 1st quarter. Entropy Technologies LP now owns 1,320 shares of the industrial products company’s stock valued at $714,000 after buying an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 89.77% of the company’s stock.

Insider Buying and Selling

In other news, Director Richard E. Williams sold 5,250 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $299.19, for a total value of $1,570,747.50. Following the transaction, the director directly owned 39,630 shares in the company, valued at $11,856,899.70. The trade was a 11.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP William Marshall Mauney, Jr. sold 2,500 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $323.69, for a total value of $809,225.00. Following the completion of the transaction, the vice president directly owned 10,853 shares of the company’s stock, valued at approximately $3,513,007.57. This trade represents a 18.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 55,088 shares of company stock worth $16,070,066 in the last three months. Corporate insiders own 2.20% of the company’s stock.

Powell Industries Trading Up 2.0%

NASDAQ POWL opened at $211.56 on Friday. Powell Industries, Inc. has a 12 month low of $77.73 and a 12 month high of $328.00. The stock has a market cap of $7.71 billion, a price-to-earnings ratio of 40.61, a PEG ratio of 2.77 and a beta of 1.18. The company’s 50 day moving average is $256.35 and its two-hundred day moving average is $226.13.

Powell Industries (NASDAQ:POWL) last posted its quarterly earnings results on Monday, August 3rd. The industrial products company reported $1.42 earnings per share for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.07). The firm had revenue of $311.74 million during the quarter, compared to the consensus estimate of $316.70 million. Powell Industries had a return on equity of 27.51% and a net margin of 16.49%.The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.96 earnings per share. Sell-side analysts forecast that Powell Industries, Inc. will post 5.34 EPS for the current year.

Powell Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, August 19th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.36 annualized dividend and a yield of 0.2%. Powell Industries’s dividend payout ratio is currently 6.91%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on POWL shares. Zacks Research downgraded Powell Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Weiss Ratings downgraded Powell Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 16th. Cantor Fitzgerald raised their target price on Powell Industries from $160.00 to $320.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Glj Research upgraded Powell Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 14th. Finally, JPMorgan Chase & Co. upped their price target on shares of Powell Industries from $310.00 to $360.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $236.67.

Powell Industries News Roundup

Here are the key news stories impacting Powell Industries this week:

• Positive Sentiment: J.P. Morgan reaffirmed its Buy rating on Powell Industries, providing continued Wall Street support for the stock. J.P. Morgan Reaffirms Their Buy Rating on Powell Industries
• Positive Sentiment: Sidoti raised its EPS forecasts for several periods, including Q1 2027 to $1.28, Q2 2027 to $1.54, FY2027 to $6.95, Q1 2028 to $1.56, Q2 2028 to $1.87 and FY2028 to $7.98. The increases indicate expectations for improving earnings over the medium and long term. Sidoti Powell Industries Estimates
• Neutral Sentiment: The estimate changes were mixed overall: Sidoti lowered FY2026 EPS to $5.40 from $5.67 and cut Q4 2026 EPS to $1.59 from $1.78, but maintained a stronger longer-term trajectory with FY2027 and FY2028 earnings forecasts of $6.95 and $7.98, respectively.
• Negative Sentiment: A Seeking Alpha analysis characterized Powell Industries as a potential “bull trap,” arguing that AI- and utility-related growth expectations may already be reflected in the stock’s valuation. With a reported price-to-earnings ratio above 40, valuation risk could weigh on the shares if earnings growth disappoints. Powell Industries: Bull Trap Over AI/Utility-Driven Growth At Hefty Price

Powell Industries Profile

Powell Industries, Inc is an industrial electrical engineering company specializing in the design, manufacture and integration of customized power control and distribution solutions. The firm’s offerings range from medium‐voltage switchgear and power control centers to bus duct, motor control centers and specialty transformers. Powell also provides automation systems, protective relaying, metering, supervisory control and data acquisition (SCADA) platforms, and turnkey engineering services to help clients manage critical power infrastructure.

Serving the oil and gas, petrochemical, refining, utility, mining and industrial sectors, Powell’s products are engineered to meet demanding performance, safety and reliability requirements.